3 min read · 18 September 2008
3 min read · 18 September 2008
Rod Sherwood is leaving The Gores Group, where he has spent the past three years as CFO. He will become CFO of radio company Westwood One Inc. (NYSE: WON), which received a $100 million investment from Gores Group earlier this year.
3 min read · 18 September 2008
Cortec Group has agreed to sell Cortland Cos. to Actuant Corp. (NYSE: ATU) for approximately $230 million. Cortland is a Cortland, N.Y.-based maker of electro-mechanical cables and umbilicals, synthetic ropes and steel cable and assemblies. Harris Williams is advising Cortland on the deal, while Morgan Stanley is advising Actuant.
3 min read · 18 September 2008
Trivest Partners has closed its fourth fund with $325 million in capital commitments. The Miami-based firm focuses on founder/family-owned business in North America, and had raised just under $320 million for its third fund in 2001. Hudson Partners served as placement agent, while limited partners include Morgan Creek Capital Management, Parish Capital, AIG Investments, Credit Suisse, Southern Farm Bureau Life Insurance Co. and GE Equity.
2 min read · 18 September 2008
2 min read · 17 September 2008
Linden LLC has acquired Drayer Physical Therapy Institute, a Hummelstown, Penn.-based operator of outpatient physical therapy clinics throughout the Eastern United States. No financial terms were disclosed for the deal, which was done in partnership with company management.
3 min read · 17 September 2008
2 min read · 17 September 2008
1 min read · 17 September 2008
4 min read · 17 September 2008
